Indian deepwater projects
India’s offshore energy landscape is entering a new phase of growth with several Indian deepwater projects driving exploration and production potential in the Bay of Bengal and Arabian Sea. These projects represent the next frontier in India’s quest for energy self-reliance, tapping into challenging terrains where advanced subsea technologies and global partnerships play a vital role.
Key projects such as ONGC’s KG-DWN-98/2, Reliance Industries and BP’s KG D6 expansion, and Vedanta’s deepwater prospects in the East Coast have become central to India’s long-term energy vision. These developments are not just about discovering hydrocarbons—they reflect India’s commitment to building offshore infrastructure, expanding domestic output, and reducing LNG import dependence.
According to Indian Petroplus, investment in Indian deepwater projects is expected to exceed USD 20 billion over the coming decade, with production from these high-pressure, high-temperature fields set to add significant natural gas volumes to the national grid. However, the road ahead is marked by complex geology, high capital costs, and the need for advanced drilling rigs and subsea systems.
Government support through improved fiscal terms under the HELP regime and streamlined clearances is providing much-needed momentum. With rising energy demand and the global shift toward cleaner fuels, deepwater gas offers a strategic bridge in India’s transition to a low-carbon economy, Subsea India, Offshore Exploration, Deepwater Drilling, FPSO India, Energy Security.For access to many such exclusive stories, please register on www.indianpetroplus.com
